Movement Mortgage invests $2 million, creates 200 jobs at new Norfolk operations center

RICHMOND, Va. — Movement Mortgage, one of the nation’s fastest growing, privately held mortgage companies, will invest $2 million to relocate its operations center from the City of Virginia Beach to the City of Norfolk. Virginia successfully competed against Arizona, North Carolina and South Carolina for the project, which will retain 550 jobs and create 200 new jobs.

Gov. Terry McAuliffe said, “Movement Mortgage is an outstanding Virginia company, and we are thrilled that the City of Norfolk offers a facility that can accommodate the company’s rapid growth. This company’s continued success is a testament to the region’s business climate that will help us attract new companies to locate and hire in Hampton Roads. I am thrilled to announce yet another important step forward in our efforts to diversify and build a new Virginia economy.”

“Movement Mortgage has been an outstanding corporate citizen in Virginia for eight years,” said Secretary of Commerce and Trade Maurice Jones. “I am delighted we are going to keep the company in Virginia and look forward to their continued growth in the Commonwealth.”

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Source: Governor Terry McAuliffe

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